Hampton Regional Medical Center

What it reported doing in 2024

Hampton regional medical center provides extensive community benefits in many forms, including charity care, health education, community sponsorships, and numerous community outreach programs which directly benefit the people in the service area of the hospital.striving to continually improve the health of all communities served, hrmc is active in a variety of community organizations, and the hampton county coalition on alcohol and drug abuse. In contrast, hampton county coalition on alcohol and drug abuse is a collaborative partnership of community leaders that focuses primarily on combating alcohol and substance misuse in the service area through prevention and intervention. Wellness and substance abuse are high priority healthcare issues in the hospital's service area. Focused on building community partnerships, hrmc supports the local rotary club, lions club, friends of hospice, lifepoint, council on aging, hampton county chamber of commerce, hampton county coalition on active restoration, and a variety of other community organizations. The hospital is an integral part of the usc salkehatchie leadership institute and more recently the 4h youth leadership program. The 4h youth program visits hrmc annually for a day of programming visiting all the departments and learning of healthcare careers available in the workforce and pathways to securing those jobs. Hrmc provides lunch and speakers for the group as well as leading the tour. Leadership salkehatchie also visits hrmc annually with its 15 to 20 member class of business owners, elected officials, and government employees from the five-county region. It's an opportunity for hrmc to spread the word of expanded services. Given the constantly evolving landscape of healthcare, where new technologies, treatments, and care models are continuously emerging, it is critically important that hrmc consistently and proactively communicate our services to the public. Hrmc is also a key member of the hampton county chamber of commerce, maintaining an active membership and a board seat. Through this organization hrmc sponsors of a quarterly meeting on the hospital's campus each year for chamber members. The hospital also participates in children's day in the park, providing our pediatrician and staff an opportunity to participate in community outreach, as well as trick or treating on lee avenue and hometown christmas in hampton. As an affiliate of the medical university of South Carolina, hrmc partners with various programs to make them available to the citizens in this service area. Beginning in 2023, musc began participating in the watermelon festival in coordination with hrmc to educate the community. In our dna-sc has held two collection events at hampton regional for staff and patients. This not only benefited our citizens who received free gene sequencing and analysis but also allowed the community research project to collect much needed data. Plans are underway for another collection event in 2026. In 2023 and 2024 during the month of september, hrmc partnered with the american red cross to recognize sickle cell awareness month and invited a local sickle cell ambassador to come speak to the staff and local community, along with red cross sickle cell outreach coordinator, vesha jamison. Plans are already underway to host this event in 2026. From comprehensive educational initiatives to awareness campaigns and health fairs, the hospital promotes a safe, healthy community through education and outreach. Hrmc heavily promotes our cardiologist during heart health month each february, sending him on speaking engagements to spread awareness of cardiovascular disease and educate the community. Several church groups including hopewell baptist church, nixville baptist church and sandy run baptist church have invited not only our cardiologist but also our general surgeon, dietitian and nurse practitioners to provide education at their meeting annually.each june, a heat stroke prevention campa

Financial Efficiency

• Mission deployment rate: 71.6%; rating input score 72
• Program expense ratio: 84.6%; rating input score 85
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 87.5%; rating input score 88; 20th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 14.7%; rating input score 76; 76th percentile among comparable filings
• Total-asset coverage ratio: 1.94; rating input score 61; 61st percentile among comparable filings
• Liabilities to assets ratio: 0.53; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 9.3%; rating input score 23; 23rd percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings
• Revenue growth: 3.6% per year; rating input score 100; 30th percentile among comparable filings
• Asset growth: 3% per year; rating input score 100; 23rd percentile among comparable filings